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to be walking away from the negotiations that we've been engaged in here at the white house for a big deficit reduction and debt reduction package. we were offering a deal that caused for as much discretionary savings as the gang of six. we were calling for taxes that were less than what the gang of six had proposed. and we had -- we were calling for modifications to entitlement programs. this was an extraordinarily fair deal. if it was unbalanced, it was unbalanced in the direction of not enough revenue. nancy pelosi, harry reid, the democratic leadership, they sure did not like the plan that we were proposing to boehnor, but they were at least willing to engage in a conversation because they understood how important it is for us to actually solve this problem. and so far, i have not seen the capacity of the house republicans in particular to make those tough decisions. what a lot of the american people are so disappointed by is this sense that all the talk about responsibility, all the talk about the next generation, all the talk about making sacrifices, that when it comes to actually doing
for the interview. >> and another political big wig takes exception on a big question of where he plans to send his kids to school. >> first off, it is none of your business. >>> and we begin with the debt ceiling fight, and the republicans unable to agree to disagree, and here is the level of confusion coming from the gop on the ongoing debt debate. this morning the washington post set the stage for a potential breakthrough reporting on the editorial page right here that grover norquist, the anti-tax guru of the right said that allowing the bush era tax cuts to expire would not be a violation of the tax pledge that nearly every member of congress has resigned which is a significant concession. problem solved? not exactly. within hours norquist told my colleague chris jansing this right here on msnbc on jansing & company. >> i can be clear, americans for tax reform would oppose any effort to weaken, reduce or not continue the 2001-2003 bush tax cuts and any changes of the taxes should be kept separate from the budget deal. >> moments ago, the post released audio of norquist supporting their editori
republicans in this fight than grover norquist. he's here to dish on the debt and deal in taxes. and big money, big problems? mitt romney's campaign is debt free, but where is all that money coming from? we'll tell you why it could add up to a little bit of trouble for the republican front-runner. good morning, it's monday, july 18th, 2011. i'm chuck todd. just 15 days until default day. let's get right to my first reads of the morning. it's a week of public spectacle and private wrangling. efforts to get a big debt deal done has failed. >> when you look in the past at agreements between divided government, it's taken leadership on both sides. it took reagan and o'neil. it took clinton and gingrich. the president is out there. he's willing to do it. he said it in the state of the union, he said it in the budget. the question is, do we have a partner to work with? and i hope the answer to that is yes. >> this week we'll see a two-track process. publicly, leaders will get a few votes out of the way to allow conservatives to get on the record on a balanced budget amendment and set the table that
'm thomas roberts. rupert murdoch will testify at parliament tomorrow, this is the big headline, all over the phone hacking scandal that's rocking his media scandal. meanwhile there was a new arrest of a top exec over the weekend, and now the head of scotland yard and his assistant are resigning. if you're keeping score so far, there have been three high-profile resignations, ten arrests and it is not over yet. jim maceda is live in london to bring us up to speed on this. jim, good morning. >> reporter: hi there, thomas. make that four high profile resignations. just a couple of hours ago scotland yard's number two, john yates, also resigned under increasing, extraordinary, really, pressure. that on the heels on his boss's resignation last night. commissioner paul stevenson, he was the head of scotland yard. he, if you will, fell on his sword and said that he could not in good conscience continue with all the challenges to keep the peace in great britain as he and specifically his relationship with the murdock media empire became such a focus of attention. he was calling it a major distra
if some big player decides to sell off. >> obviously i'm not qualified to speak on behalf of the markets and what they will or will not do, but just my own judgment based upon all the various kinds of conversations that are occurring, are that we will find a way to deal with this issue. we do know that the root cause of our debt and deficit problem is spending is just too high. we also want economic growth. we don't want to embrace policies that we sincerely believe will damage the economy and hurt job creation. if you do that, then you lose even more revenues. so what we want to do is get a downpayment on our deficit and debt by getting spending cuts. i think that there are constructive conversations that are occurring both sides of the rotund rotunda, both sides of pennsylvania avenue. i do believe cooler heads will prevail. >>> what are the constructive convsations? for instance, are some elements of the gang of six proposal, i know you said it's not specific enough, it doesn't go adequately to slowing the growth of health spending, but are there constructive cuts proposed so far that
. if you do nothing, you have a big jump in revenue. obama has been saying let's thai the bush tax cuts are going to lapse and we are going to extend the ones for the middle class. republicans are afraid to let him do that up front. it would kill momentum for a tax reform. >> but, but, but why just get rid of the bush tax cuts. if they are so awful, why not get rid of all of them. get rid of all of them for everybody. if tax cuts are the worst thing ever, the bush tax cuts, get rid of the bush tax cuts for everybody and raise billions in revenue. >> right. i think we could probably figure it out sitting around the table. i don't think it's that difficult. they are locked in in political terms. it's a much different issue to them. you can make rational compromises and deals here. the problem is, how do they do it. what's happening is they are at the point where they realize the consequences. at some point, they realize they have to do something other than hold the ground saying this is it. we're not going to change anything. we are at that point and we have little time to work with. >> h
republican presidential candidates have money problems. >> and big money, big problems? >> gop fund-raisers staying on the sidelines. >> for mitt romney it's 70% maxed out contributions. >> is newt aware he's running for president? >> the arrests continue as the british police close in on rupert murdoch's media empire scandal. >> every day we're seeing more inconceivable things happen. >> abandon ship. in the last 24 hours there have been two high level resignations. zo london's top cop. >> rebekah brooks was released on jail. >> rupert murdoch is supposed to face the scandal head on tomorrow. >> all eyes are trained on parliament tomorrow. >> they're cutting short a trip today to south africa. >> when is he going to do the decent thing and resign? >> congress now has 15 days to pass a bill to raise the debt ceiling before the united states government goes into a catastrophic default on august 2nd. today harry reid announced the senate will meet every day until the debt ceiling is raised. yesterday david rogers of politico discovered and reported that house speaker john boehner and
to agree on something balanced as long as it's big. in the house r there are republicans ideologically opposed to anything that increases revenue. now all the government deficit projections are based on the idea bush tax cuts expire for everyone, according to current statute, the end of next year. if you regard not only any change in the law that reduces the deficit as unacceptable but any failure to change the law is also unacceptable, then it's going to be very hard to pass anything through the house other than perhaps the mcconnell plan, without the savings in it. >> we're hearing from harry reid using the phrase, "time is of the essence," hearing that over and over again and taking us to the brink. do you get the feeling we are actually inching any closer to clenching a deal? >> i think the mcconnell proposal, with some savings we can all agree to, may very well end up being the package. it's very important to the president we have a 3.5, 4$4.5 trillion package. woe may not in this short time agree to more than a $5 million down payment and vague creation of commission goals, state
is it shows that the united states system is not set up to do big things. when a crisis like this comes up they cannot do a deal that would show stability to the world. >> ronald reagan and tip o'neal made big deals. in the 1990s, bill clinton and the republican congress made big deals. and mika, it's not over yet, but it has gotten to the point already that this is damaging the reputation of the united states the longer it goes, and i think we're talking about it damaging our reputation more every day that the crisis goes on. >> i think both sides would agree with that. after a weekend of meetings resulting in yet another impasse, president obama is canceling two fundraisers today to continue negotiations. senate majority leader harry reid said the talks broke down last night because of the republicans insistence on a short-term deal, and their plan would cut $2.7 trillion over the next ten years. officials say it raises the debt ceiling but no tax increases. and he salaid out his latest solution. >> there will be a two-stage possible. it's not physically possible to do this in one step.
house back to the table, back to talking about something big. now, look, we still got a long ways to go. it's a weekend of sales jobs going on right now that actually began last night when the president had the congressional democratic leadership over to start talking turkey. so that brings us to the other sticking point, the actual substance. everybody has to figure out what to cut. this isn't going to be as easy as folks think and both sides are moving toward a deal that would include a trigger to assure mutually destructive politically when it comes to the two big items being kicked to committees or joint committees and that's still being figured out, tax and entitlements. one incentive plan would kill bush tax cuts for the rich and key portions of the new health care law if somehow the reforms for the tax code and social security and medicare weren't agreed to and implemented by january 1st, 2013. the question is, is the penalty on the bush tax cuts sort of the idea that you're kicking this down, is that going to be enough to assuage some democrats who believe there's too many cuts
's an empty piece of paper and you're bragging about this thing? this big cut cap and balance has nothing in it, and i was amazed. i had a hunch it wouldn't be there. got copy of it. actually did something nobody dmog your house, in the republican side, reading it. there are no cuts here. where are the cuts? it doesn't say anything. go ahead. >> senator coburn introduced a plan that was extraordinarily detailed. >> it's not coburn plan, todd. >> it's the bumper sticker being voted on. >> the house has plan. coburn has a plan. >> have you read this, todd? have you read this? have you read it? >> no, i haven't read it. >> how do you know you're saying there's something in here and i'm reading it. >> at least you're holding on to something. this is the president's plan. right here. this is it. nothing. it's vapor. there is no plan, because there's no leadership. period. >> the president's plan outlines $4 trillion in cuts. >> there is no plan. >> to the speaker's credit, she being held hostage by tea party republicans. >> let's go to the outlet as they say in football. the outlet pass. forme
or a sensation. any sense of that? >> the big story here, absolute absolutely. whether used as a mop. a ginger head mop. >> we'll have to leave it there. i'm matt miller in for dylan. "hardball" starting right now. >>> so what's the deal? let's play some "hardball." >>> good evening. i'm in for chris matthews tonight. leading off, deal or no deal. all day long there's been word that a deal between president obama and speaker john bane zer boehner is in the works to save the u.s. from default. pub lkly both sides are denying it. it's clear adults on both sides are trying to avoid default. how do you get to an agreement when pea tae tea parters are saying no deal with tax increases and democrats are saying, no deal without them? we crunched numbers and default would seem to affect almost every american home. >>> also, does michele bachmann have mi have migraines? may be debilitated for days at time or something we would have never mentioned about a male candidate? >>> how did an anti-american terrorist become so trusted by u.s. officials in afghanistan he was allowed close eno
bachmann's job performance. >>> and rush limbaugh, hot air. hits a new high. his latest attack on big government is our con job of the day. >>> welcome to the show, i'm al sharpton. tonight's lead, are we closer to a deal or disaster? president obama and house speaker john boehner may be nearing a deal for a new grand bargain on debt limit. the president is meeting with democrats right now at the white house. presumably to talk about the deal. but any agreement would have to get past the tea party republicans in the house. and democrats say, they have a problem. >> the loudest shrillest voices from the republican party are not leaders but tea party extremists. >> they group of ideal ogs have grabbed the reigns and refuse to let go. it is the group who alone wants to drive the car off the cliff. >> but now, even boehner is saying republicans must compromise. >> i believe congress must act before august 2nd and i hope we are prepared to do that. at the end of the day, we have v a responsibility to act. >>> if the united states of america's debt rating gets downgraded, every interest rat
and defending tax loopholes for millionaires and big corporations is what republicans have called for. they need to meet us somewhere. >> thank you, congressman steve israel. >> thank you. >>> joining me now, "washington post's" chris, author of "the fix." a managing editor also. let's visit this grover norquist issue. i think on tuesday in an interview with your "washington post" editorial board, grover norquist, the man famous for his anti-tax pledge, said that not renewing the bush tax cuts would not violate his pledge. listen to some of that audio released. >> not continuing a tax cut is not technically a tax increase. >> stow does not violate the pledge. >> we wouldn't hold it that way. it would be a very bad thing to do. it would raise taxes from where they are today. >> who don't follow the inside baseball the way you and i eat, drink and sleep it. what is the significance of grover norquist saying that? >> for people who don't know, grover norquist since 1985 has run a group called americans for tax reform pap d.c.-based group that does a lot of thing. basically, to hold the line on no t
, as republicans, as the new majority in this house. >> failing on the big things is something they choose to do. >> we emplore the other side to get serious. >> when is the house going to stop the charade? >> the gang of six is still trying to lead. >> it's a far cry from the paul ryan budget. >> we thought this was the gang of six, dead and buried. >> now the gang of six is a gang of seven. >> two parts, there's always a second act. >> gotten rave reviews from a lot of folks. frlgs colleagues really liked it. >> when does somebody have to say uncle? >> murdoch is also not taking the blame. >> insisting that he is not to blame. >> london calling. >> tried to pass the buck today. >> just doesn't really stack up. >> the 80-year-old also appeared confused. >> he said yes, i'm in charge of this company. >> somebody jumped over to, i believe, get to rupert murdoch. >> somebody with a pie, wendi murdoch leaped past her husband. >> she's feisty, i've met her. >> if i remember correctly, that looks like a spike. >> you can always say with glitter. >> as the deadline for raising the debt ceiling grows c
chided leaders for missing a big opportunity. >> i think that any plan that simply says, you know, think about this later essentially, and we're going to try and figure out how things went wrong to blame it on the other party is a terrible mistake. we cannot go to august 2nd and tell the rest of the world because we're having this fight in our sandbox back here that we're going to essentially default on obligations of the united states for the first time in our history. that's a level of -- of immaturity that i don't believe this congress is up to. >> warren buffett was at the white house, and the white house talked to reporters this morning. david brooks calls out republican groups who he says decided not to seize the chance to usher in the largest cut in the size of government in american history. he also added, they do not see politics as the art of the possible. they do not believe in seizing opportunities to make steady, messy progress towards conservative goal. they believe if they can remain pure in their faith, some day their party will win a total and permanent victory over its
. a pleasure to be seeing her. our show, indeed, begins right now. >>> the big story for everybody out there -- now what? lots of false debate on capitol hill, a week from the treasury's default deadline. sort of invented in its own right. a tuesday in new york. good news, not at hot as it was. my name is dylan ratigan. pleasure to see you. the president and speaker of the house delivering speeches that have absolutely nothing to do with where the fault or blame now stands. more importantly, underlying structural problems that got us into this mess in the first place, talking about that. listening to all the floor speech, primetime addresses and press conferences you may actually think something is getting done. but if that was the case we'd have already raised the debt ceiling and moved on to restructuring bank, trade taxes in order to create jobs and prosperity for america. that's downright crazy. luke russert starts us off on capitol hill with the latest on the debt ceiling. >> reporter: the latest on the professional wrestling as you like to call it, right, dylan? >> where's the hu
believes that the boehner problem is anything more than a big, wet kiss to the right wing. i mean the tea party. that's what i mean. it's too bad the caucus is run by so little people. >> when i asked the plan, the aids pointed to a speech. congress can't vote on a speech. a veto threat won't prevent default. >> we are urging the republicans to step back, put their party caucuses aside, put their pledges to grover norquist aside and put this country first. >> it's unfair from the president of the united states to lead from behind. it's unfair for the president of the united states not to come forward with a specific plan that, perhaps to be considered by both bodies, but only to go out and give lectures. >> we are not going to hold this country hostage to the tea party. those folks over there, about 80 of them, they pledged to grover norquist. i want to pledge allegiance to the united states of america. that's what we should be doing. >> good morning. it is thursday, july 28th. look at the beautiful shot of new york city. welcome to "morning joe." yes, with us on set -- >> look at him. >>
up with some kind of short-term extension, no big deal, and then everybody's going to blame everybody else for the fact we didn't get anything done. you talk about the gang of six, there's a gang of 300 million out there, the american people, who are completely fed up with this. they elect representatives to take care of housekeeping chores, and this is a grand housekeeping chore, and they are failing at the process of doing it. >> howard, i'm wondering, does the same thing go for -- it is my sense it does. boehnor is actually not the most disappointed guy in the capitol, he knew he was putting together something that wasn't real and that cbo shooting it down is not some big shock to him, that he was just putting together to claim he was putting something together. >> that's true too. maybe there was a smidgen of sincerity there and knowing him and having covered him, but yeah, they both want to be able to say after we all go off the edge of a cliff that it was the other person's fault, and that's exactly the situation we're in right now, and it's a dangerous and unsettling one, begin
and debt situation. if you take major parts of the budget off the table, the problem is so big we won't bo able to fix it and the politics are such that it's going to be impossible to get everybody around the table to come one a deal. it really is time for everybody to put these lines in the sand aside and start trying to fix the problem, which is what i think is gang of six did this week breathes a lot of new life into this whole discussion of how do we fix this problem in a way to get a lot of people to sign on and by doing it smartly that's going to help tremendously. >> do you think that the market, the rating agencies and others looking at it from the outside will take it seriously if there is some sort of agreement, a handshake whatever you call it between the president and the speaker of the house that has 217 votes and can get through the house, that there's an agreement for things that will be triggered down the road, is that going to be good enough, tax reform down the road? >> there's a lot of risk. people tend not to believe politicians doing hard things later. at the same time
the treasury department we learned no longer has a stake in chrysler. a big loss for the u.s. government, though, how much did this eventually cost taxpayers? >> well, they tout it as a success. they say they have recovered 90% of the initial investment, which was $12.5 billion. keep in mind, the government may no longer be involved in chrysler, but it still holds a 32% stake in general motors. coming back to chrysler, the majority owner is now fiat, the italian carmaker. by the end of thisse eyear, the will own around 59%. the rest of course is owned by the united auto workers. have a great weekend. >> i appreciate it. thanks very much. >>> as the national unemployment rate rises to 9.2%, there is one area in california specifically that actually is predicting significant job growth. according to a new study released this week, silicon valley employers plan to expand their workforce by 15% over the next two years. nbc's tom brokaw has the latest from that region. >> reporter: silicon valley, the moth moth mother load of high tech has the biggest names to go public for astronomical price
that the boehner problem is anything more than a big wet kiss to the right wing and i mean the tea party. that's who i mean. it's too bad his caucus is being run by such a small number of people. >> what about the president's plan? when i asked the president's plan, his aides point to a speech and a veto threat. with all due respect, congress can't vote on a speech. and a veto threat won't prevent default. >> we are urging the republicans now to step back, put their party caucuses aside, put their pledges to grover norquist aside, put their caucus pledges to one congress manor the other aside, and put this country first. >> it's unfair of the president of the united states to lead from behind. it's unfair of the president of the united states not to come forward with a specific plan that perhaps could be considered by both bodies, but only to go out and give lectures. >> we are not going to hold this country hostage to the tea party. that's where it's at. you know, those folks over there, about 80 of them and maybe even more of those republicans, they pledged to grover norquist. i want to pled
could save hundreds! yeah, that'll certainly stick with me. we'll take it. go, big money! i mean, go. it's your break, honey. same coverage, more savings. now, that's progressive. call or click today. >>> rupert murdoch's son james is now being accused of not telling the truth during a key part of his testimony to parliament tuesday. during tuesday's testimony, james murdoch said he was never told about a vital email suggesting reporter neville thur elback was involved in phone hacking. but today, collin miler, editor of "news of the world" just before it shut down and tom crone, the paper's former head of legal affairs, said they had told murdoch of the email which included transcripts of hacked voicemails. in a joint statement, they said -- >>> news corp. then issued this statement. >>> news corp. then issued this statement. james murdoch stands by his testimony to the select committee. the committee chairman may ask james murdoch to appear again before parliament to clear up that matter. this cartoon appeared in today's edition of murdoch's british newspaper "the times," under the wor
of that. >> and big surprise, a very, very sharp contradiction in james murdoch's testimony plays out today. and the murdoch response was basically no response at all. >> right. you know, the interesting character to watch there is tom crone, the lawyer. he's made clear that he's not going to be the fall guy here. and if they -- if the murdochs and news corp. try to lay everything on him, because he was the chief lawyer for "news of the world," he's not going to sit idly by. so if the brits are looking for a john dean character in all this, i would think that tom crone is the guy to watch, and the statement today contradicting james murdoch's testimony about that e-mail is the first sign that he may in fact be willing to go there. >> nbc news national investigative correspondent michael isikoff. thank you for joining me tonight, michael. >> thank you, lawrence. >>> coming up, virginia governor bob mcdonald flip-flops on the debt ceiling, even though he never actually understood what the debt ceiling was in the first place. that's in tonight's "rewrite." >>> and later, one of our favor
>>> well, the big story today, the real debt debate. good afternoon to you. happy monday to you. i'm name dylan ratigan and we have a major lineup for you today combining the powers of msnbc, the newly revamped dylanratigan.com and the huffington post to bring you a real conversation a way from the washington talking points. in the show today -- a d.r. exclusive with one of the true conservatives in this nation that i respect. senator tom coburn on the whys and hows behind higs new plan to save $9 trillion and more importantly seek to establish true confidence in america's political and economic problem-solving systems. also today a look at the real dheel would replace the taxes and austerity debate with tree structuring versus taxes and austerity as it may be the only solution that could not only save america but the world from long-term financial ruin. but it's a debate neither president obama nor republican leadership wants to touch. >>> before we step away, though, for senator coburn, let's look at what the rest of the lawmakers are doing, calling it the congressional two-step.
're going with separation. >> and david, i believe i got to go with big spending cuts in revenues. makes no sense. >> i think the president, i said earlier, has leverage at this point because republicans depicted themselves as hostage-takers ready to blow things up and the public doesn't like this. they stood their ground. pat's right about that. the tea party people would be happy to see $100 billion cut out of the next budget which is in the bill that's up this week, even if that leads tos 700,000 lost jobs. happy top do safety inspections, environmental protection. this is what they want to do and stand by -- >> let's get back to reality. back to reality -- >> no. this is the reality, pat. >> david, what about -- >> david, hold on. let pat make his case. >> let me ask you this, chris. the republicans, say the mcconnell plan has a trillion or a trillion and a half in budget cuts in it. >> i don't think it does. >> in the house it passes. they send it to the president. he's going to veto it, shut down the government and puts if default? come on. >> the whole idea, mcconnell's, separate
't talk about the gang of six plan. what i like is it's talking about big bold bipartisan plan, a lot of details not out about it. it does talk about 3$3.7 trillin worth of spending cuts over the next ten years and talks about tax reform, i think is critically necessary, talks about lowering the rate, you heard 29%, again, allowing corporations to be more competitive in the global marketplace. these are things we want to accomplish and a big bold bipartisan plan is one we're looking for. >> congressman richmond, is that something you can get on board with? >> we're still looking at the plan and still concerns about reforms to social security that our seniors would receive. i think the framework and concept is something the american people want, which is a little give-and-take on both sides so we can get past this and get back to talking about the 14 million americans unemployed and looking for work. >> you're nodding your head when he's saying that, congressman dole. i'm wondering what you're hearing from your constituents and what their major concerns are when it comes to this tax pl
to help school systems across this country. why this school system doesn't want that is a big question. that needs to change. >> david mcfarland from the trevor project. thanks for your time. i want to pass along to everyone out there, if you or someone is feeling bullied or at risk of suicide for anyone across the board. it doesn't matter if you are part of the lgbt community. you can call the trevor project lifeline at 866-488-7386. this lifeline is free and confidential. >>> here is an amazing statistic. half of all new jobs since the recession added has been added in one state alone. the state's governor might consider using this employment boost to help his run for the white house. there is the man himself. [ male announcer ] this...is the network -- a network of possibilities. in here, the planned combination of at&t and t-mobile would deliver our next generation mobile broadband experience to 55 million more americans, many in small towns and rural communities, giving them a new choice. we'll deliver better service, with thousands of new cell sites... for greater access to all t
Search Results 0 to 36 of about 37 (some duplicates have been removed)